CISCO SYSTEMS INC.
CISCO SYSTEMS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CSCO
ISIN:

CISCO SYSTEMS INC. - Weekly - Technical analysis published on 05/14/2021 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 48.13 USD
My targets
58.05 USD (+9.76%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CISCO SYSTEMS INC. as long as the price remains well above 48.13 USD. The buyers' bullish objective is set at 58.05 USD. A bullish break in this resistance would boost the bullish momentum.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The CISCO SYSTEMS INC. price is 52.89 USD. The price registered a decrease of -1.01% over 5 days and has been traded over the last 5 days between 51.47 USD and 54.14 USD. This implies that the 5 day price is +2.77% from its lowest point and -2.31% from its highest point.

51.47
54.14
52.89

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of CISCO SYSTEMS INC. in Weekly shows an overall bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Weekly



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 40.29 43.67 48.13 52.89 58.05
Change (%) -23.82% -17.43% -9.00% - +9.76%
Change -12.60 -9.22 -4.76 - +5.16
Level Minor Major Intermediate - Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard51.0551.4651.9852.3952.9153.3253.84
Camarilla52.2352.3252.4152.4952.5852.6652.75
Woodie51.1051.4952.0352.4252.9653.3553.89
Fibonacci51.4651.8252.0452.3952.7552.9753.32


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard47.8849.0851.2652.4654.6455.8458.02
Camarilla52.5052.8153.1253.4353.7454.0554.36
Woodie48.3649.3351.7452.7155.1256.0958.50
Fibonacci49.0850.3751.1752.4653.7554.5555.84


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard47.0548.7349.8251.5052.5954.2755.36
Camarilla50.1550.4050.6650.9151.1651.4251.67
Woodie46.7648.5849.5351.3552.3054.1255.07
Fibonacci48.7349.7950.4451.5052.5653.2154.27

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 65.13
MACD (12,26,9): 2.4700
Directional Movement: 17.99
AROON (14): 71.43
DEMA (21): 52.24
Parabolic SAR (0,02-0,02-0,2): 48.70
Elder Ray (13): 2.25
Super Trend (3,10): 46.13
Zig ZAG (10): 52.87
VORTEX (21): 1.1500
Stochastique (14,3,5): 86.59
TEMA (21): 53.77
Williams %R (14): -12.61
Chande Momentum Oscillator (20): 7.19
Repulse (5,40,3): 3.2200
ROCnROLL: 1
TRIX (15,9): 0.7000
Courbe Coppock: 29.00
MA7: 52.70
MA20: 51.92
MA50: 51.05
MA100: 48.30
MAexp7: 51.94
MAexp20: 49.19
MAexp50: 46.63
MAexp100: 45.74
Price / MA7: +0.36%
Price / MA20: +1.87%
Price / MA50: +3.60%
Price / MA100: +9.50%
Price / MAexp7: +1.83%
Price / MAexp20: +7.52%
Price / MAexp50: +13.42%
Price / MAexp100: +15.63%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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